Question
Anheuser-Busch InBev just paid a dividend of $3.50 per share. The company is expected to increase its next dividend by 8% and pay it out
Anheuser-Busch InBev just paid a dividend of $3.50 per share. The company is expected to increase its next dividend by 8% and pay it out in one year. After that, dividend growth is expected to be 3% forever. What should Anheuser-Busch's stock be priced at if the required return on its stock is estimated at 9%?
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
